Loading...
HomeMy WebLinkAboutResolution 3330-03-2006A Resolution NO 3330-03-2006 A RESOLUTION AUTHORIZING THE CITY MANAGER TO SEEK AND DISTRIBUTE STATE FUNDS, PURSUANT TO CHAPTER 398 OF THE LOCAL GOVERNMENT CODE IN SUPPORT OF THE APPALOOSA HORSE CLUB WORLD CHAMPIONSHIP SHOW WHEREAS, Texas Senate Bill 1253 amending Subtitle C Title 12 the Local Government Code by adding Chapter 398 `Measures to Support Municipal and County Special Events became effective September 1 2005 providing special event economic development incentives to a host community and WHEREAS, the City of Fort Worth, as the host community of the Appaloosa Horse Club's World Championship Show is eligible to receive the lesser of one-half of the amount of total expenses or one-half of the amount of the anticipated increase in State sales tax receipts from the State of Texas, as defrned in Chapter 398 of the Local Govemment Code in support of the event, and WHEREAS, the City of Fort Worth and the State of Texas may benefit direc#ly from this new State law by utilizing State funds to augment local incentives for the purpose{s) of retaining events in our City and our State that are being courted by other cities located in other states and WHEREAS, the City of Fort Worth and the State of Texas may benefit directly from this new State law by enhancing these events so that they have more prestige and draw more contestants and attendees; and WHEREAS Chapter 398 of the Loca! Government Code allows for the use of any funds received from state under this law for the following expenditures • Provide security specifically for the event; • Provide public transportation and traffic management services for the event; • Provide or rent public facilities and the utilities associated with the use of the facilities during the event; • Provide or maintain a contract associated with conducting the event; • Provide maintenance and janitorial services in preparation far during, or on completion of the event; and • ©evelop or provide a special promotion incentive or award for or associated with the event; and • Any other activity or item authorized in the special event plan approved under State law WHEREAS, the City of Fort Worth and the State of Texas may benefit indirectly from this new State law from an increase in tourism resulting from the retention or the attraction of events to our City and State that will likely have the effect of• ~~'li:'~t` ~~' »`t1fl~~' '16~0'+~->rE1t~"l~lt Resolution No. ~33~u-Ei+~-~a~6 ~~ An increase in utilized hotel rooms, which has a positive impact on the Hotel Occupancy Tax; and An increase in general sales and consumption, which has a positive impact on the local and State sales tax; and An increase in the length of time a show is in Fort Worth facilities which increases the local facility rental revenue NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT 9 The City Manager is authorized to submit an application to the State Comptroller to seek State funds pursuant to Chapter 398 of the Local Government Code fior the purpose of utilizing any funds received to assist in enhancing the Appaloosa Horse Club World Cham~ion~>E~ip Show with a goal of increasing participation and attendance and benefiting the economy of Fort Worth and the State of Texas, and 2. The City Manager is authorized to negotiate a contrac# with Appaloosa Horse Club specific to any State funds received through Chapter 398 of the Local Government Code with the explicit guidance that the application and the contract be developed to maximize the State funds coming back to the City to support the World Championship Show Adapted this 28m day of March 2006 ~~~ ~ ATTEST. f °~' f ~ ~ ~ ~. ~' ~,, ~~ ~. ~ H. i lA!' ~ s., '~' ~ rv gy. Marty Hendrix Git~ APPROVED CITY CQt~~ ~~~ MAR 2 8 Zuub ~~ ) `(~ ~ ,...,,f City Secretary of 8h~~ City of Fort Wozth,'~c:ca~